Sentences with phrase «on cryptocurrency regulation on»

Not exact matches

CNBC's Ylan Mui reports on how bitcoin is fueling American's opioid crisis and how one Senator is fighting for more regulation for cryptocurrency.

Robert Sluymer, Fundstrat Global Advisors, discusses the technical moves in ethereum and bitcoin following a potential crackdown on regulations for cryptocurrencies.

With news of Google banning cryptocurrency - related ads and the International Monetary Fund advising increased regulation on the asset, the price of Bitcoin, Ethereum, and Ripple continued their slide Thursday, wiping out about $ 499.2 billion of the market value of over 1,500 cryptocurrencies since their collective all - time high in early January.

The proposals come as China and South Korea toughen up on cryptocurrencies with their own regulations to rein in speculation in the nascent market.

South Korea, which has become a cryptocurrency trading hub after a market frenzy that attracted even housewives and students, has already imposed some regulations on cryptocurrency trading.

The price decline came as some details emerged on cryptocurrency regulation in South Korea, where the government has been trying to limit excessive speculation.

Ari Paul, CIO and managing partner of cryptocurrency investment firm BlockTower Capital, said the market is in price - discovery mode until investors get more clarity on regulation.

Treasury Secretary Steven Mnuchin is taking the lead on bringing together federal government agencies to coordinate regulation of cryptocurrencies, the chairmen of two financial regulatory commissions said Tuesday.

BSP maintained that it is not currently endorsing cryptocurrency and is, instead, focused on regulation pursuant to remittance and payments, enforcement of AML standards, and mitigating terrorist finance risks.

The Gibraltar Financial Services Commission will publish a proposal for regulation of cryptocurrency on the peninsula in May.

Comments were made by representatives of the central bank as well as the Securities and Exchange Commission on Tuesday, regarding the regulation of exchanges offering fiat - to - cryptocurrency conversion.

Le Maire elaborated about Landau's special task: «This mission will propose reorientations on the evolution of [cryptocurrency, and] regulation to better control development, prevent their use for [the] purposes of tax evasion, money laundering, or financing of criminals or terrorism.»

The trend of national monetary and governmental authorities calling for supranational meetings on, and regulation of, cryptocurrencies could be a major emerging trend at the start of 2018.

Given the large volume that is traded on such exchanges, it's possible that new cryptocurrency regulation could reduce prices in the near - term.

Russian officials have previously suggested that the EAEU countries should work together to align their policies on cryptocurrency regulation and that they should all share an official «virtual currency.»

The comments came during a two - hour hearing of the U.S. Senate Banking Committee before a packed audience, touching on topics like potential new regulation, initial coin offerings and volatility in cryptocurrency markets.

In a blog post on Tuesday, IMF head Christine Lagarde wrote that cryptocurrencies need regulation in order to crack down on crimes like money laundering and terrorist financing.

As reported before, one of the two decree drafts specifically eyed regulation on cryptocurrency taxation in an effort to prevent money laundering and tax avoidance.

The grand mufti elaborated on his position by stating many of the typical concerns surrounding cryptocurrencies including their cryptographically controlled issuance, lack of central authority and regulation by financial institutions, and their ability to mask users» identities.

He said his biggest concerns for alternatives to what exists today include regulation and central bank reactions to options that rely on distributed ledger technology and cryptocurrencies, in addition to having a network robust enough to operate at scale.

In the tweet, Kharge links an article on the apparent power struggle occurring between the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) due to differing opinions on cryptocurrency regulation.

Germany has not placed heavy restrictions on cryptocurrency as of yet and, in February, the country's president said, «Effective regulation of virtual currencies would... only be achievable through the greatest possible international cooperation.»

It follows Cryptocurrency 2.0, an inside look at the companies expanding blockchain technology beyond currency, and the Bitcoin Regulation Report, a primer on the legality of bitcoin worldwide.

China's second - and third - largest cryptocurrency exchanges Huobi and OKCoin have delayed their planned launches in Korea amid the tightening of government regulations here, according to industry sources on Jan. 3.

Cryptocurrencies in general are so fixated on flying in the face of regulation that they dig their own graves.

Singapore has become the third most popular place to launch and an ICO after the United States and Switzerland, all because of the combination of China's strict rules on cryptocurrencies and Singapore their easy regulation of it.

Cryptocurrencies basically are so fixated on flying within the face of regulation that they dig their very own graves.

While analysts have been calling Bitcoin a bubble, a topic as old as the cryptocurrency itself, others are blaming price fluctuations on uncertainty in regulations.

Although nothing much has actually taken effect on the ground as of now, once the regulations come into effect, investors in all probability will begin to shift their investments to the other popular cryptocurrencies, such as ethereum, litecoin, ripple, stellar and dash.

Firouzabadi said in November of last year that although the HCC «welcome [s] Bitcoin,» they also see a need for regulating cryptocurrencies within the country and are working with the Central Bank of Iran on a crypto study that aims to clarify how regulations could work.

The topic of cryptocurrency regulation has found its way into several G20 discussions that have been taking place since Mauricio Macri assumed the annually rotating G20 presidency on November 30, 2017.

Europol, Interpol and the Basel Institute on Governance have revealed three focus areas for their planned regulations on cryptocurrency exchanges.

When it comes to cryptocurrency, the need for regulation, and some countries even considering a ban on crypto - assets, the big issue is illegal activity.

Regulation Polish financial authorities have spent taxpayers» money on a smear campaign on Youtube and Facebook against investing in cryptocurrencies.

Moving forward, the CrypoTwits Team will continue to keep a close eye on what's happening with regard to the regulation of the cryptocurrency sector.

Jan. 17 — Bitcoin steadied after slumping as much as 26 % yesterday as proposals for tough new regulations in Asia and Europe weighed on cryptocurrencies.

The burning topics are: Central Bank of Iran bans cryptocurrency dealings, bitcoin price finally hits $ 9,000, Russia to put more regulations on cryptocurrency market, namely ICOs, Amazon to enter the world's cryptocurrency market by implementing blockchain.

The threat of increased regulation of cryptocurrency markets by governments around the world should also not be underestimated, as legal and tax changes could have a significant impact on bitcoin's value.

«However, cryptocurrency as a mode of payments has not yet been able to converge with real - world regulations, demonstrating the need for a stable method of payment on - chain, such as jCash.

Potential regulation on cryptocurrencies in South Korea is nothing to worry about.

Leading industry body CryptoUK has called on the HM Treasury Select Committee to support the cryptocurrency sector and demand government action on regulation.

«Extensive regulation and bans on ICOs and cryptocurrencies will only stifle the amazing innovation in financial technology and investing that has already begun.

Actually, there are many explanations for the falling of the trading on the cryptocurrency market — from software problems to unpleasant news about regulations and so on.

Source: US Treasury Official Calls for Global Crypto Regulation The undersecretary of the U.S. Treasury's Office of Terrorism and Financial Intelligence called on the international community for stronger cryptocurrency regulations to help protect the financial system and national security in a speech yesterday.

An ambitious project developed by a team with a double focus on bank regulation and cryptocurrencies.

com (OSTK)[disclosure: I own shares of OSTK] says, «Overzealous or misguided regulation, including tax policies which make using cryptocurrencies on a regular basis difficult, create a challenge to quicker widespread adoption of cryptocurrencies.»

Still, they will eventually have to sell their Bitcoin holdings due to IRS regulations, so let's hope that by then the IRS will have established a better cryptocurrency taxation framework to give Bitcoin investors some more clarity on tax issues.

The Bermuda Monetary Authority has published a consultation paper that is seeking public feedback on a proposed regulation on cryptocurrencies.

In the last few days, South Korea's Finance Supervisory Service (FSS) has signalled the government's co-operation in plans for self - regulation; the Swiss Financial Market Supervisory Authority (FINMA) has announced it is to treat some cryptocurrency offerings as securities; the Securities and Exchange Commission of Zambia has issued a public notice on cryptocurrencies; and Spain is reportedly drafting legislation that will help attract cryptocurrency and blockchain companies to the country.

All is not lost however, and just by having self - regulation, the industry will have prepared organisations for a regulated industry making them more resilient to change and therefore reducing the overall impact that regulations have on cryptocurrencies.